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The Owl

ATB Financial’s economics team interprets the latest statistics on wages, employment, inflation, the oil and gas industry and other economic drivers in our province.


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Retail sales slip
July 19, 2019

Retail sales slip

After growing in March and April, seasonally-adjusted retail sales in Alberta fell by 1.7 per cent in May and by 1.5 per cent compared to a year earlier.

Alberta’s manufacturing sales on the rise
July 18, 2019

Alberta’s manufacturing sales on the rise

Alberta’s two largest manufacturing sub-sectors—petroleum and coal products and chemicals—both performed well in May, growing by 3.8 per cent and 7.0 per cent, respectively.

Similar but different: Rising U.S. and Canadian oil production
July 17, 2019

Similar but different: Rising U.S. and Canadian oil production

The unlocking of the oil sands helped push Canadian crude oil production up from 2.84 mb/d in 2010 to 4.59 mb/d in 2018—an increase of 62 per cent.

New vehicle sales still down
July 16, 2019

New vehicle sales still down

Using a 12-month rolling average to account for seasonal variations, monthly new vehicle sales were down by 0.9 per cent in May after contracting by 0.5 per cent in April.

Incomes in Alberta, part 2
July 15, 2019

Incomes in Alberta, part 2

Not surprisingly, Old Age Security and Canada Pension Plan payments are a larger source of income for Albertans age 65 and over at 31.0 per cent of the total income of seniors in 2017.

Incomes in Alberta, part 1
July 12, 2019

Incomes in Alberta, part 1

Of Alberta’s 18 Census Metropolitan Areas and Census Agglomerations, Wood Buffalo stands out with the highest median after-tax family income in 2017 ($103,310).

Bank of Canada keeps interest rate the same
July 11, 2019

Bank of Canada keeps interest rate the same

Canada’s central bank announced yesterday that it is leaving its key policy interest rate (a.k.a. target for the overnight rate) where it is for now.

Perch

Each Perch focuses on a topic that’s important to Alberta​ns. So sit back and enjoy.​​

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Listen to podcast​​

Economic​ Outlook

ATB Financial’s Alberta Economic Outlook summarizes research on Alberta’s most important sectors. It analyzes the province’s economic happenings and outlines what may occur in the next few months.​​

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​​The Owl archives​​
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